In the mid 2000s when I was a novice real estate investor and looking for easy to rent beachfront properties in a family friendly complex, I was berated by nearly every Realtor I met when I suggested the real estate market was overheated and had formed a full fledged real estate bubble. When I hesitated, questioned, and/or outright said “you got to be kidding” after hearing their sales pitch, they countered with the standard statement of the day:

But now that this particular market has gotten somewhere close to baseline and/or long term trendlines (difficult to tell from just 10 years of data), and that the Federal Reserve has tipped its hand when it will stop buying U.S. Treasury Bonds (at least in the short term) sending interest rates on an uptrend, is it time to start sniffing around for bargains and consider jumping back into real estate as a vulture investor?